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Financial constraints are expected to be severe in Vietnam, especially for private firms, but there is limited quantitative evidence for the size of financial constraints experienced by SOEs and private firms and the resulting efficiency losses. This paper investigates the size of the capital...
Persistent link: https://www.econbiz.de/10012931151
The current paper analyzes the impacts of privatization of Sudan air carrier, Sudan Airways. The hypothetical framework … in this study is that alternative policies other than privatization are feasible. Sudan airways represents the …. Experience shows that privatization needs large amount of capital plus qualified managerial, technical, financial and marketing …
Persistent link: https://www.econbiz.de/10013130174
In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by the state and their activities were circumscribed by rigid norms. After the communist regime had fallen, the state owned banks had to adapt to a competitive environment. The...
Persistent link: https://www.econbiz.de/10013099045
. Applying propensity score matching, we find that privatized banks tend to exhibit higher levels of risk-taking post-privatization …
Persistent link: https://www.econbiz.de/10012850119
In this paper we examine the link between state ownership and the choice of public debt versus bank debt in an international context. Using a large sample of privatized firms from 62 countries over the 2001-2014 period, we find that state ownership is significantly positively associated with the...
Persistent link: https://www.econbiz.de/10012934343
This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization …
Persistent link: https://www.econbiz.de/10013318096
privatization (i.e., IPO) has different effects depending on the types of owners to whom it gives control in corporate governance …
Persistent link: https://www.econbiz.de/10012212672
investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment … in Europe and Asia. Moreover, in some cases, the privatization of SOEs by means of exchangeables can prove to be a more … shareholders. Third, the entire privatization process tends to be more flexible for issuers in that they can perceive exchangeables …
Persistent link: https://www.econbiz.de/10014339792
This paper analyzes some of the limitations of the privatization of public enterprises in Bangladesh focusing on the … large number of privatized firms have been able to evade tax registration. The post-privatization experience of Bangladesh … which privatized firms' budget constraints are often softened in spite of privatization …
Persistent link: https://www.econbiz.de/10012894371
Recent policy discussions have debated whether governments should treat state-owned and private enterprises equally or adopt different policies towards each type of enterprise. Such questions are pertinent for difficult economic climates in which government subsidy towards struggling state-owned...
Persistent link: https://www.econbiz.de/10012866797